Craftsman Automation Balance Sheet Health
Financial Health criteria checks 5/6
Craftsman Automation has a total shareholder equity of ₹17.5B and total debt of ₹15.5B, which brings its debt-to-equity ratio to 88.4%. Its total assets and total liabilities are ₹47.1B and ₹29.5B respectively. Craftsman Automation's EBIT is ₹6.0B making its interest coverage ratio 3.4. It has cash and short-term investments of ₹926.3M.
Key information
88.4%
Debt to equity ratio
₹15.49b
Debt
| Interest coverage ratio | 3.4x |
| Cash | ₹926.30m |
| Equity | ₹17.52b |
| Total liabilities | ₹29.54b |
| Total assets | ₹47.06b |
Recent financial health updates
No updates
Recent updates
Earnings Miss: Craftsman Automation Limited Missed EPS By 9.4% And Analysts Are Revising Their Forecasts
May 02
A Look Into Craftsman Automation's (NSE:CRAFTSMAN) Impressive Returns On Capital
Apr 25Estimating The Fair Value Of Craftsman Automation Limited (NSE:CRAFTSMAN)
Mar 27If EPS Growth Is Important To You, Craftsman Automation (NSE:CRAFTSMAN) Presents An Opportunity
Mar 12If EPS Growth Is Important To You, Craftsman Automation (NSE:CRAFTSMAN) Presents An Opportunity
Sep 13Investors Will Want Craftsman Automation's (NSE:CRAFTSMAN) Growth In ROCE To Persist
Jul 15Craftsman Automation (NSE:CRAFTSMAN) Is Paying Out A Larger Dividend Than Last Year
Jun 11Craftsman Automation's (NSE:CRAFTSMAN) Upcoming Dividend Will Be Larger Than Last Year's
May 27Need To Know: Analysts Are Much More Bullish On Craftsman Automation Limited (NSE:CRAFTSMAN)
May 15Craftsman Automation (NSE:CRAFTSMAN) Is Paying Out A Larger Dividend Than Last Year
May 13Growth Investors: Industry Analysts Just Upgraded Their Craftsman Automation Limited (NSE:CRAFTSMAN) Revenue Forecasts By 12%
Mar 25Should You Be Adding Craftsman Automation (NSE:CRAFTSMAN) To Your Watchlist Today?
Mar 14Craftsman Automation Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jul 29Craftsman Automation's (NSE:CRAFTSMAN) Returns On Capital Are Heading Higher
Jun 21Earnings Tell The Story For Craftsman Automation Limited (NSE:CRAFTSMAN)
Apr 01Estimating The Fair Value Of Craftsman Automation Limited (NSE:CRAFTSMAN)
Feb 25A Look At The Intrinsic Value Of Craftsman Automation Limited (NSE:CRAFTSMAN)
Nov 16Financial Position Analysis
Short Term Liabilities: CRAFTSMAN's short term assets (₹17.8B) exceed its short term liabilities (₹15.3B).
Long Term Liabilities: CRAFTSMAN's short term assets (₹17.8B) exceed its long term liabilities (₹14.2B).
Debt to Equity History and Analysis
Debt Level: CRAFTSMAN's net debt to equity ratio (83.1%) is considered high.
Reducing Debt: CRAFTSMAN's debt to equity ratio has reduced from 146.3% to 88.4% over the past 5 years.
Debt Coverage: CRAFTSMAN's debt is well covered by operating cash flow (33.1%).
Interest Coverage: CRAFTSMAN's interest payments on its debt are well covered by EBIT (3.4x coverage).